Quarterly ResultAug 5, 2026, 09:17 AM
Allison Transmission Q2 Net Sales Up 92% to $1.57B on Acquisition
AI Summary
Allison Transmission Holdings Inc. reported a significant increase in Q2 2026 net sales, up 92.38% to $1.57 billion, primarily driven by the acquisition of Dana's off-highway business for $2.63 billion. Despite the revenue growth, net income for the quarter decreased by 7.18% to $181 million, with diluted EPS falling to $2.15. The acquisition led to a substantial increase in long-term debt, rising to $4.09 billion, while net cash provided by operating activities improved to $468 million for the six-month period.
Key Highlights
- Completed acquisition of Dana's off-highway business for $2.63 billion on January 1, 2026.
- Q2 2026 Net Sales increased 92.38% to $1.57 billion from $814 million in Q2 2025.
- Q2 2026 Net Income decreased 7.18% to $181 million from $195 million in Q2 2025.
- Q2 2026 Diluted EPS was $2.15, down from $2.29 in the prior year period.
- Allison Off-Highway segment, post-acquisition, contributed $706 million to Q2 net sales.
- Long-term debt increased to $4.09 billion as of June 30, 2026, from $2.89 billion at year-end 2025.
- Net cash provided by operating activities for the six months ended June 30, 2026, was $468 million.
- Declared a quarterly dividend of $0.29 per share for Q2 2026.
Price Impact
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